Global Trade Alert
Global Trade Alert

Canada/Federal government and province of Alberta: Purchase and subsidy to oil pipeline

Announcement

29 May 2018

The federal and provincial governments are supporting an oil pipeline with purchase and guarantees.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 May 2018

Revocation date:

No revocation date

Announced: 29 May 2018
Financial grant In force
The province of Alberta will provide support in the form of a backstop that would be called upon in unforeseen circumstances. “Alberta’s contribution would range from zero to a maximum of $2 billion,”...
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Announced: 29 May 2018
Equity stake In force
Finance Minister Bill Morneau and Natural Resources Minister Jim Carr announced on May 29, 2018 that the government of Canada will buy Kinder Morgan Canada Ltd.’s Trans Mountain pipeline for Can.$4.5 ...
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